THE VALUE OF FINANCIAL ADVICE

04 March 2021

Finance: A topic that many people hate talking about. Everyone handles money differently, and it can be difficult to know what the best course of action is. There are so many methods for money management, it’s easy to get a headache just considering your options.

Luckily, Active Super is here to help. Whether you are experiencing financial hardship or just want advice on how to make smart decisions, our financial planners can recommend strategies that work for you, your family and your lifestyle.

The financial advice we offer

Active Super is a super fund, but superannuation is not the only area we specialise in. We can help you with an array of financial questions, concerns and goals.

Growing your wealth

What’s the smartest thing you can do with your money? Turn it into more money!

There are many ways to make your money grow, starting with your super. We can help you pick the right investment strategy that matches your long-term financial goals. Not only that, but we can also help you make investment decisions outside of your super, and we can guide you in the right direction based on how much risk you want to take.

Financial planners provide valuable insights on how to make your money grow. Navigating investment options on your own can be challenging, and making the wrong decisions can hurt your wealth.

Reducing debt

Because of interest, the longer your debt lasts, the more you end up paying and the less money you have for your future.

There are several strategies for paying off debt efficiently, and it can be difficult to know which ones are best. Talking to a financial planner at Active Super can help you come up with reasonable monthly payments, helpful ways to consolidate debt and a realistic timeline for paying it off completely.

Attempting to figure all of that out on your own can lead to errors, which can result in longer lasting debts.

Growing your super

Helping you grow your super is our specialty. Not only do we have a diverse array of investment options for your super, but we also can advise you on strategies for growing your retirement savings even further.

There are many ways you can maximise your super, including salary sacrificing, government co-contributions, spouse contributions and more. Some of these strategies may be perfect for you and your goals, whilst some may be unnecessary.

We want to see your retirement savings grow as much as is feasible with as little impact on your current lifestyle as possible. Seeking expert advice from our financial planners is the best way to accomplish this.


How financial advice has helped Australians

Financial advice has given thousands of Australians the knowledge and confidence they need to grow their wealth, plan for their futures and provide for their families.

The impact is clear for Active Super members. Our case studies show how Active Super representatives have given our clients expert advice in times of financial hardship, confusion, or just when they’ve wanted to be strategic about their futures. These customers used the advice they received to set themselves up for success, and they could not be happier with the outcomes.

Additionally, Fidelity International, with the help of CoreData, conducted a survey of 2,228 Australians to see how receiving financial advice impacted their lives. The results are astounding, demonstrating that expert guidance can be life changing for both customers and their families.

Here are some statistics that stand out to us.

86.2% of Australians receiving financial advice said they have much more control over their finances.

For Australians juggling a lot of different financial needs, sometimes it can feel easy to lose control. Some people have mortgages and credit card debt they need to pay, while also feeling the need to save for retirement and provide for their families. When this begins to get chaotic, financial advisers can help. They’ll lay out all of your options and guide you in the right direction.

88.5% of Australians receiving financial advice said that it gave them peace of mind.

Even when you’re confident that you are being smart with your money, it’s easy to get stressed out. There are so many different routes to take with your finances, and you surely receive all kinds of contradictory advice from the people in your lives. A financial planner will help you see all of your options and give you an understanding of the methodology behind the choices you make. When you have an expert backing you up, you can rest assured that you are making the best decisions for you and your family.

37.8% of Australians receiving financial advice said it improved their family life.

One thing that can be hard on a family is financial stress. When you make smart financial decisions, you don’t have to worry as much. Seeing a financial adviser is an investment in your family’s future, so not only will you improve the financial health of everyone in your family, but you can also feel comfort in knowing that you did everything you could to benefit them.

18.1% of Australians receiving financial advice said it improved their health.

Stress and worry are hard on the body. When you see a financial adviser during times of financial stress, you will learn the steps you need to take to improve your situation and create a brighter future for yourself and your family. Even seeing a financial adviser during prosperous times can limit the amount of stress you feel because your adviser will help you continue to grow your wealth and assure you that you are making the right decisions. When people feel less stressed, their health improves.

Everyone can benefit from financial advice. Request an appointment with one of our financial planners today.

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